Google parent Alphabet to cut thousands of jobs

In an email to staff, Alphabet CEO Sundar Pichai said US employees who are affected have already been informed but the process will take longer in other countries due to local laws and practices.He said he takes “full responsibility for the decisions” that have led to the company needing to reduce its workforce.“To match and fuel that growth, we hired for a different economic reality than the one we face today.

He said the job losses will be felt across the company in different product areas, levels and regions.US workers being laid off will be paid a severance package starting at 16 weeks' salary, plus two weeks for every additional year worked.Workers outside the US will be supported “in line with local practices”.Twitter, Facebook owner Meta, Amazon, Stripe and Microsoft have all cut thousands of jobs recently.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google's parent company Alphabet plans to cut around 12,000 jobs, 6% of its global workforceGoogle’s European Headquarter’s are located in the Dublin Dockland’s and directly employs over 4,000 people in Ireland. Another far right thing because they're mostly foreigners and I suppose we'll have to pay their rent.
Source: thejournal_ie - 🏆 32. / 50 Read more »

Google Ireland job fears as firm to lay off 12,000 workersGoogle’s parent company Alphabet says it plans to cut 12,000 jobs globally, around 6% of its workforce, in the latest blow to the technology sector.
Source: IrishMirror - 🏆 4. / 98 Read more »